Home lifeDomestic services apparel Entertainment News Player community More

Avalanche Cross-chain DEX Project HurricaneSwap Completes Over $1 Million Financing

2021-06-18 Apnews

da2df31f9b69bbf6fbc6b83aecc1d1f.png


June 16th, Singapore ——
HurricaneSwap, a cross-chain DEX project on Avalanche, received over one million dollars from worldwide capitals including Asia leading ecosystem fund AVATAR and China-based investment firm, LD Capital. This investment will bring HurricaneSwap funding, technology, community, and other resources to support and promote the ecosystem construction and market development of HurricaneSwap.
 
AVATAR FUND (Avalanche Asia Star Fund), is an independent Avalanche ecosystem venture fund, with $20M in dedicated funding for developing Avalanche’s ecosystem in Asia. AVATAR intends to invest in DeFi, NFT, game, industry infrastructure, and ecosystem development projects.
 
HurricaneSwap CEO Hunter Zhang said that this financing will help HurricaneSwap better complete the development of technical products and establish connections with other projects in the Avalanche ecosystem. DEX serves as an ecosystem traffic portal.
HurricaneSwap hopes to bring new users and funds to Avalanche.
 
Wilson, partner of AVATAR Fund, said, “The focus of public chain development lies in ecosystem development. HurricaneSwap, as the native DEX on Avalanche, will complement and empower the Avalanche ecosystem economy. The future of blockchain will be   a cross-chain network structure, users will execute their transaction needs by leveraging advantage on different blockchains. Cross-chain DEX will definitely be a rigid demand in the future and also a core demand of traders. HurricaneSwap provides a cross-chain DEX transaction solution with high throughput and low cost. "
 
HurricaneSwap is an Avalanche-based DEX that supports cross-chain transactions of multiple assets. HurricaneSwap uses the unique Roke protocol that can simultaneously support transactions of assets on dozens of heterogeneous blockchains, such as Bitcoin, Ether, BSC, and HECO, thereby providing users with a more efficient and stable liquidity solution.
 
About HurricaneSwap
Twitter: https://twitter.com/HurricaneSwap
Telegram: https://t.me/HurricaneSwap
Medium: https://hurricaneswap.medium.com/
Email: 
coreteam@hurricaneswap.com

Disclaimer: This article is reproduced from other media. The purpose of reprinting is to convey more information. It does not mean that this website agrees with its views and is responsible for its authenticity, and does not bear any legal responsibility. All resources on this site are collected on the Internet. The purpose of sharing is for everyone's learning and reference only. If there is copyright or intellectual property infringement, please leave us a message.

Newest

Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed

Grand Finale at GBA Culture and Arts Festival! Dance Drama Wing Chun is Staged in Hong Kong Once Again!

China Telecom Gulf Officially Launches in Saudi Arabia for Business

Hankyung.com introduces: MecKare, Leading the AI-powered Innovation in Health Monitoring Solution

ZICC: Chinese artist Fang Jinlong uses the five stringed pipa to perform different music styles

China Telecom Gulf Officially Launches in Saudi Arabia for Business

©copyright2009-2020New York Fashion News    Contact Us  SiteMap